The supply cap of 21 million is designed to keep inflation at bay. Fear of missing out will rise to a new level. The limited supply of Bitcoin is one of its most distinguishing features. There are 21 million Bitcoins in circulation. There has been a dramatic increase in Bitcoin’s
Terra claims to be a viable alternative to fiat currencies. Chainlink’s decentralized oracle network provides vital off-chain information. Let us look at the top 3 DeFi tokens based on volume in the past 24 hours. Terra (LUNA) To provide price-stable worldwide payments, Terra uses fiat-pegged stablecoins. With the price stability
Wellington, New Zealand, 13th December, 2021, Chainwire Blockchain-powered transparency platform Trackgood empowers 150-year old Italian roastery with complete coffee supply chain traceability. Consumers increasingly want to know where the products they are purchasing are coming from to ensure ethical sourcing and sustainable business practices. The use of blockchains in supply
The entire world was experiencing an era of cryptocurrency, where many digital assets went to peak in price value. Most of the cryptocurrencies’ values have multiplied in the year 2021 earning more users as well. This year has been a sweet spot for the crypto industry as the value of
The SafeMoon price dropped 63%, slicing through the September 28 swing low. SafeMoon is now trading at $0.000002, which is the resistance level. On December 4, the SafeMoon price fell along with the market. In the process, it sank below a critical support level and into oversold territory. The SafeMoon
There’s a good possibility Robinhood will soon include Shiba Inu. Flexa’s SPEDN app users will now be able to pay with their SHIB tokens. Flexa Network announced that it would promote the SHIB token, the native cryptocurrency of the Shiba Inu breed. Thus, according to the company, SHIB will be
The crypto has been fighting to break over the 50k mark. The 200-day EMA is also present at this identical level. Since December 4th, Bitcoin (BTC/USDT) has spent a whole week trading sideways in a channel between $47k and $51.5k. The biggest cryptocurrency by market capitalization is trading slightly over
Crypto markets may be nearing a bottom. BTC is still unable to surpass $50K. A new COVID-19 variation, inflation, and other headwinds contributed to a little decline on Saturday 11th December in the global cryptocurrency market despite a persistent decline over the previous several days. For now, the crypto market
As the world comes of age in the digital landscape, many industries are evolving to integrate digital solutions. Most notably, there is an emerging asset class dubbed ‘digital assets’ which is now a fundamental asset in several companies. Digital assets are typically components that businesses use to grow their online
Hackers attack several hot wallets of AscendEX exchange platform. Most of these hacked hot wallets belong to ERC-20, Polygon and BSC blockchains. Losses are estimated to be more than $80 million. And so we come across another hack for the month. Yes, as I have mentioned earlier numerous times, the
